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Asset protection has been in existence for many years, but rarely
was it utilized by the average person. Only the wealthiest American
and European families structured their holdings to insure that their
wealth would be untouchable during their lives and passed from generation
to generation. Now with the threat of lawsuits, business losses
brought about by dot.com and stock market reversals, and an increase
in divorce and government regulations has made everyone aware of
the need to protect their assets. And with the estate taxation laws
in a state of flux, most Americans are wise to implement an asset
protection plan to reduce the value of their assets for estate taxation
purposes.
By attacking both estate taxation and lawsuit taking, asset protection
plans have evolved as a holistic means of responding to the many
sources that threaten our assets. Just as the living trust has evolved
to replace the will, assets protection is evolving to take the place
of unlimited, unsheltered liability. We have simplified and developed
workable asset protection plans designed to accommodate the needs
of each person to both reduce estate taxes and insulate their assets
from taking. This overall asset protection estate plan we have titled
Asset Segregation whereby we segregate and shelter your assets,
then transfer them all to your living trust.
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